Rocket Companies Inc (NYSE:RKT) currently has a daily average trading volume of 13.11M but it saw 15133036 shares traded in last market. With a market cap of 28.32B USD, the company’s current market price of $14.16 came rising about 3.43 while comparing to the previous closing price of $13.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.23 and as low as $9.52.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Equal Weight” in its note to investors issued on April 08, 2025, recommending a price target of $14 for it. Keefe Bruyette upgraded its recommendation for the stock as a “Mkt Perform” from “Underperform” on April 02, 2025 while assigning a price target of $14. Deutsche Bank also issued its recommendations for the stock as it upgraded the price target for the stock is $16.
Over the week, RKT’s stock price is moving 10.62% up while it is 12.29% when we observe its performance for the past one month. Year-to-date it is 32.89% up and over the past year, the stock is showing an upside performance of 4.27%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.31. In next quarter, company is expected to be making quarterly sales of $1.48B as analysts are expecting the sales for current fiscal year at $5.43B and seeing the company making $7.2B in sales next year. Moreover, analysts are in estimates of $1.28B for current-quarter revenue.
Currently, Rocket Companies Inc’s total number of outstanding shares is 150.15M with 1.86% of that held by the insiders while 98.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.02% and return on equity (ROE) at 0.45%. It has a 19.73 of forward P/E ratio. Stock’s beta reads 2.29. Stock has a price to book (P/B) ratio of 3.64 while price to sale or P/S ratio amounts to 5.91. Its return on asset (ROA) is 0.01% on average.
